Product Lifecycle Management Software Increasingly Integrated With Enterprise Applications in North America27 Sep 2011 • by Natalie Aster
The research “North American Product Lifecycle Management Software Market 2010-2014” by Infiniti Research reveals that the Product Lifecycle Management (PLM) Software market in North America is expected to grow at a CAGR of 7 percent. The report, which focuses exclusively on North America, indicates that the market is currently being driven by the need to accelerate the time to market of products.
“Enterprises face many delays in launching a product as a result of issues with suppliers, manufacturers, and service providers. By implementing PLM software, several North American enterprises have been effectively executing multiple lifecycle tasks simultaneously. This has also aided in streamlining critical stages of production,” reports a TechNavio analyst.
In spite of the demand for PLM software in North America, the threat from open source vendors is hindering the growth of this market. However, the increased revenue benefits are expected to drive the market. Moreover, the PLM market in North America is witnessing growing integration of enterprise applications with PLM software.
Published: July 2011
Price: US$ 1,500.00
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
Companies mentioned in this report include: Dassault Systems, Siemens PLM, PTC, and Oracle.
More information can be found in the report “North American Product Lifecycle Management Software Market 2010-2014” by Infiniti Research.
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